May 13 Morning Bitcoin Analysis



The current market is dominated by a pattern of high-level pullback and oscillation correction, with weak rebound strength. The overall bearish momentum has not yet been fully digested, but the current position is relatively low. Do not blindly and excessively chase short positions.

Focus on the support levels at 80,000-79,500.
Once the decline stabilizes and stops falling, consider gradually opening long positions to catch rebounds and profit.
On the upside, pay attention to resistance at 81,000-81,500.
If a clear breakthrough is not achieved, the current oscillation pattern is likely to continue.

Oscillating market fluctuations are repeated, so strict risk control is necessary. Set proper stop-losses, follow the principle of taking profits when the market turns favorable, and accumulating small gains into larger ones; also pay attention to news impacts and adjust strategies promptly.
$BTC $GT $ETH
#Gate广场五月交易分享 #TROLL两日涨超160%
#加密投资产品连续六周净流入 #特朗普5月13日访华
BTC-0.09%
GT-0.88%
ETH-0.04%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin